In May 2020, there were 17 homes sold, with a median sale price of $285,000 - a 29.2% decrease over the $402,422 median sale price for the same period of the previous year. There were 22 homes sold in McFarland in May 2019.
The median sales tax in McFarland for 2020 was $5,667. In 2019, the median sales tax was $5,474. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares McFarland to other Dane County cities with similar median sale prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Windsor | 16 | 33 | -51.5% | $334,250 | $290,000 | 15.3% |
| Mount Horeb | 17 | 22 | -22.7% | $321,000 | $281,938.50 | 13.9% |
| DeForest | 34 | 45 | -24.4% | $293,500 | $246,900 | 18.9% |
| Madison | 495 | 586 | -15.5% | $293,200 | $265,000 | 10.6% |
| Oregon | 32 | 24 | 33.3% | $287,250 | $257,650 | 11.5% |
| McFarland | 17 | 22 | -22.7% | $285,000 | $402,422 | -29.2% |
| Cottage Grove | 12 | 15 | -20% | $280,000 | $309,000 | -9.4% |
| Sun Prairie | 88 | 86 | 2.3% | $270,000 | $260,600 | 3.6% |
| Brooklyn | 4 | 1 | 300% | $263,950 | $220,500 | 19.7% |
| Blue Mounds | 3 | 3 | 0% | $254,000 | $322,000 | -21.1% |
| Fitchburg | 44 | 77 | -42.9% | $246,750 | $331,800 | -25.6% |
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